Cutting the Tentacles of Russian Energy ‘Octopus’ Rosatom
|Classificatie||220.127.116.11/07 (RUSLAND - EXPORT)|
|Opmerking||DiXi Group follows on the series of materials aimed at exploring the foreign ties of key Russian energy companies for elaboration of proposals for expanding sanctions limiting the international influence of Russian energy sector.|
Uit de publicatie:
CUTTING THE TENTACLES OF RUSSIAN ENERGY ‘OCTOPUS’ The Russian economy is being held tight in the grip of sanctions due to Russia’s barbaric attack on Ukraine. However, many Russian companies, including those in the energy sector, have managed to avoid the impact of the sanction measures. Notably, President Biden’s executive order prohibiting certain imports and new investments in Russia, issued on March 8, didn’t target the nuclear energy sector while banning the imports of Russian oil, liquefied natural gas, and coal to the US1. Russia’s energy giant Rosatom, a company that provides Russia’s military budget with revenues from international cooperation and directly participates in the Russian nuclear terrorism in Ukraine, is remarkably unaffected by sanctions. Rosatom demonstrated it was a part of war crimes by capturing and declaring the Zaporizhzhia nuclear power plant as its property2. Meanwhile, Rosatom is a key intentional player in the nuclear energy sector.